ultimately republicans miscalculated to the extent they thought that president obama would be attacked for this, people would read this as obama mishandling the economy as opposed to republicans not being reasonable. democrats miscalculated the short term impact but long-term we will see job layoffs and furlough. >> we're starting to see it this week. friday the furlough notices went out. some of these are furloughs, not layoffs and there's a difference but if you're furloughed you're not buying a new truck this summer. >> if your hours are cut from 40 to 30 hours a weekt stops from you spending, it will have a long-term impact on the private sector. that's the concern and you'll see that maybe not in three weeks but certainly in three months. that's where you'll begin to see -- >> the question is a matter of when. when creditors come calling sooner or later. do you put your house in order before they make the cuts for you? >> you're not really comparing us to cyprus are you? >> i'm telling you the day of reckoning comes for everyone. >> i'd like to bring it back to han solo. you have